Beau Cummins' sudden resignation from his role as Truist’s Vice Chair and Chief Operating Officer has captured significant attention, raising questions about the factors that led to his immediate departure. His resignation comes amidst a broader restructuring at Truist Financial Corporation, r
The payments industry is on the brink of a significant transformation as it approaches 2025. Driven by technological advancements, evolving customer expectations, and new regulatory frameworks, the landscape is set to change dramatically. This article explores the key trends that will shape the
The European Union (EU) has unveiled an ambitious proposal aimed at revolutionizing financial data access across its member states. Known as the Financial Data Access (FIDA) Proposal, this initiative seeks to establish a structured and equitable framework for financial data sharing by 2025. The
Non-Governmental Organizations (NGOs) play a crucial role in addressing social, environmental, and economic issues worldwide. However, to continue their impactful work, NGOs must ensure long-term financial sustainability. This involves maintaining a reliable and consistent source of funding while
Navigating the complexities of Social Security benefits can be daunting, but understanding the rules and regulations is crucial for maximizing your entitlements and ensuring financial stability in retirement. This article delves into the key aspects you need to be aware of to protect your Social
In an era where the importance of privacy cannot be overstated, ensuring the protection of user data in the wealth management sector has become paramount. Hubbis, dedicated to providing high-quality and personalized financial services, stands out with its robust strategies to safeguard user
Accenture, a global leader in professional services, has recently announced the acquisition of Percipient, a company renowned for its advanced digital twin technology. This strategic move is set to significantly enhance Accenture’s capabilities in assisting banks with the modernization of their c
The Nigerian fintech sector has experienced significant transformation over the past few years, evolving from addressing local financial challenges to venturing into cross-border operations and positioning itself as a global financial powerhouse. This dynamic shift is spurred by a blend of
The recent collaboration between Regions Bank and Axway signals a substantial leap forward in the arena of open banking, aiming to significantly enhance data privacy, security, and seamless financial data sharing for their Consumer Banking, Corporate Banking, and Wealth Management customers. This
In recent years, the U.S. Federal Deposit Insurance Corporation (FDIC) has taken significant actions regarding banks and their dealings with cryptocurrencies. While advising banks to pause direct involvement in crypto assets in 2022 and 2023, the FDIC did not order them to cease offering services
